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Show --A Business Thursday, November 16, 1989 The Daily Herald, Provo, Utah Trade imbalance takes a tumble Quotes h NEW YORK Litton Lockhd Loews noon New York Stock Exchange selected prices: Stock Last Chg AMR Albtsn Alcan s AldSgnl Alcoa Amax AmHes ACyan AElPw AHome 69 - 57 21 35 Merck 3- 0- V4 8-l Avon 36 BakrHu 2- 3- BnkAm 29 Bearg s 27 BeUAtl BellSo Boeii s BoiseC Borden s BrMySq 10- - 51 56 41 32 55V4 BrlNth n CascNG CastlCk 2- Caterp Chmpln 56V4 30 63 20 73 7- 3- CocaCl ColgP ColGas CtData CurtW DanaCp Deere Digital Disney DowCh DowCh wi SCEcp SaftKln 126- V4 t- 29.. 6- 5- Gannett 41V4 GenCrp GnDyn 1- 35- 0- GenEl 57 72 43 3- Syntex 181 58 V4 IdahoP 22 59 49 3- 7- 24 27 55 46 6- 185- V4 V 3-3 34....: 23 28 V 73 V4 14 16V- 4- V4 V 71 15 26 22 109 Wolwth Xerox ZenithE 71 26 59 14 15 46 30 34 43 31 fwd fwd fwd 30-d- y 60-d- y 90-d- y Jordan Kuwait Lebanon Bid Ask 45 4414 Malaysia 15 15 Nethrlnds 33V4 33 N. Zealand 3 316 24 6 12 2 30 Ask Norway Pakistan Portugal Saudi Arab Singapore So. Korea 17.86 28.57 15.79 9.58 Spain Sweden Switzerlnd y 17.31 10.85 26.01 90-d- Taiwan Thailand Turkey 21.80 15.58 26.02 U.A.E. 22.11 8.72 9.53 15.18 15.96 8.17 16.59 17.44 8.93 Bid Ask 13.54 17.46 17.94 11.30 17.04 12.12 13.54 17.46 17.94 11.30 17.04 12.12 SHEARSON GROUP Bid Ask Option Income Equity Growth Intl. Equity Int. Govt Tax Exempt High Inc. Bond Growth Appreciation Fndmtl Value Global Managed Govt High Yield Managed Muni Precious Metal VOLUME 15,513 was 1.1776 1.1790 1.1817 1.1828 .8455 286.11 286.11 .003495 429.00 429.00 .002331 .1398 7.1680 7.1550 583.50 583.50 .001713 .9001 1.1076 .9020 .3856 2.5932 2.5932 .2343 4.2690 4.2680 .1599 6.2700 6.2525 .006075 165.00 164.60 .1280 7.8125 7.8125 .0590 16.949 16.949 .000561 1781.00 1781.00 1.4410 .6947 .6940 .5089 1.9650 1.9650 .000741 1355.50 1349.00 .006936.006951 144.18 143.86 .006948 .006964 143.92 143.58 .006959 .006974 143.70 143.39 .006967 .006983 143.54 143.21 1.6043 1.6043 .62330 .62330 3.3557 3.3445 .29800 .29900 .02409 .02409 415.00 415.00 .3703 2.7050 2.7005 .3697 .000380 .000380 2629.00 2629.00 .4832 .4813 2.0695 2.0775 .5882 .5880 1.70000 1.70068 .1445 .1448 6.9210 6.9050 .0481 .0481 20.81 20.81 .000131 .000131 7634.00 7634.00 .0462 .0462 21.64 21.64 .006317.006337 158.30 157.80 .2666 .2666 3.7510 3.7505 .5103 1.9610 1.9595 .5099 .001491.001493 670.50 670.00 .3799 .3802 2.6320 2.6300 .008507.008554 117.55 116.90 .1550 .1554 6.4500 6.4350 .6123 .6139 1.6333 1.6290 .6128 .6141 1.6318 1.6284 .6132 .6148 1.6309 1.6265 .6132 .6149 1.6308 1.6262 .0386 .0386 25.90 25.90 .03885 .03885 25.74 25.74 .000437 .000437 2288.00 2288.00 .2723 .2723 3.6722 3.6725 .001558.001558 641.50 641.50 .0234 .0234 42.8000 42.8000 .5422 .5429 1.8442 1.8420 .5425 .5432 1.8433 1.8411 .5425 .5432 1.8432 1.8411 .5425 .5432 1.8432 1.8410 .000018 .000018 55548.0 55548.0 91.05. prices as of 10:00 a.m. Eastern Time from Telerate Systems and other sources. market rate, rate, rate, rate, rate, Pre-closi- 9.26 7.11 28.37 12.79 16.03 15.92 19.12 BBD Provided to The Daily Herald By Shearson Lehman Hutton An American Express Company - Idaho (AP) Idaho Farm Bureau Intermountain grain and livestock report Thursday: POCATELLO White wheat 4.00 (steady); barley 4.50 (steady); 14 percent spring 3.96 (up 3); 11 percent winter 4.14 (up 3). OGDEN White wheat 4.20 (steady); barley 4.65 (steady); 14 percent spring 4.05 (up 3); 11 percent winter 4.26 (up POCATELLO, - V4 NEW YORK (AP) change, New York prices. Rates for trades of $1 mum. Fgn. currency in dollars Thu. Wed. Industrials 2632.58 (22.33) Transportation 1205.19 (3.37) Australia Austria S & P Index INX.Z 340.54 (2.55) S & P Index OEX 316.52 (2.23) Brazil Britain NEW YORK STOCK EXCHANGE Open Close 57 57l4 Albertsons .8482 .8492 .8462 .003495 .002331 .1395 .001713 1.1110 .3856 .2342 .1595 .006061 .1280 .0590 .000561 1.4395 .5089 .000738 W. Grmny fwd 60-dfwd 90-dfwd Yugoslav ECU: European Currency Unit, a bas ket of European currencies. The Federal Reserve Board's index measuring the value of the dollar against 10 other currencies weighted on the basis of trade was 98.17 Wednesday, up 0.20 points or 0.20 percent from Tuesday's 97.97. A year ago the index 20.59 19.56 8.80 6.75 26.95 12.15 15.23 15.12 18.16 fwd fwd fwd y 5.79 V4 5- 71- 2- DOW JONES AVERAGES 55 33 Indnsia Ireland Israel Italy Japan SPECIAL PORTFOLIOS V 45V4 WstgE Weyerh American Stores Am. Exp. Hong Kong 7 26 13 16.34 26.93 14.88 9.58 5.79 17.31 10.85 23.80 19.95 14.53 23.81 20.23 Keystone Keystone 2 Keystone Tax E. Oppen. Direct. Oppen. Special Oppen. High Y. Pioneer Fund Pioneer II Putnam Voyager Templeton Grth Templeton Worl Templeton Glob WUnion V4 18 36 26 31 22 30 25 13 2 30 Am. Cap Comst. Am Cap Pace FD Am Cap Venture Eaton Vance M. SHEARSON 32- 9-l 5- 9- UAL Cp USX Varian WarnrL lV4 49"4 27 33 m 2- Unocal s Finland France Greece 13V4 B-- 4 V4 Trinova Univar s 23H 3 24 Novell B-- 24V- 4- V4 7- - TriCon V4 ECU So. Africa l's 3- 83- 2- V UCarb 29 96-- 128 64 26 21 34 36 81 50 22 66 52 29 24 28 5 USWest 73 97 MUTUAL FUNDS Bid Texaco Texlnst Textron Timken vjTodSh Transm UnElec UnPac Unisys UBrand i2 27 Tektrnx Teldyn Tennco Denmark OVER THE COUNTER 26 23 33 ft y4 7- 2- 24- 6- Colombia 516 Duriron First Security Iomega fwd fwd y 90-d- 42 66 45Vi 30 34 43 31 Sage Analytics Valley Nat Corp Wicat Zions First Nat'l 8- 40 16 8- Honwell ITT Cp 5- V4 7Y4 m Apple Computer 1- 7 42 66 42 74 98 23 18 36 26 31 22 28 Ve - 2- 4- .. V4 Commodore Intl. Eastman Kodak Gen. Tel. & Elec. Hercules Inc. Holiday Inns. Intl. Bus. Mach. Kansas Gas & Electric Fred Meyer Marriott Merrill Lynch McDonalds Ohio Edison Occidental Pet. Pinnacle West (AZP) Pub. Svc. of Colo. Pub. Serv N. Mex Savin Bus. Mach. Shearson Lehman Hutton Syntex Teleflex V. 44 67 TRW V4 .. 41 28 43 41 ft 43V4 Pacific Power Works Wash. Wat & Pwr 3- V -6- 15 41 SFePCp SaraLee ScottP Sears SierPac SouthCo SwBell 47 45 44 46 29V- 431 Hmstke IntPap JRiver K mart RoylDs y. 27'a USX 4- Ve Vt V4 18 Primca ProctG ProcG wi 34 56 85V4 .. 21 79 30 58 25 50 20 PoUtch ReyMU Rockwl V4 1 36 76 74 56 11- 440V4.. 60 13 6 4 37 V4 Vt 3- 69.. V - 61 40 113 42V54 45 35 56V4 44V- 4- 1222 40 21 44 31 6- PugetP Quantm Questar RalsPur -1 9- 2- 41 69 PSvCol Avnet AT&T Boise Case. 8- 4- Pfizer PhelpD PhilMrs PhilPet Polaroid PopeTal PortGC V - The U.S. (AP) merchandise trade deficit tumbled from its 1989 high to an imbalance of $7.9 billion in September, its lowest level in almost five years, as imports dropped sharply from August's record level, the government reported today. The Commerce Department said the September shortfall in the trade balance represented a huge 21.4 percent drop from a revised August deficit of $10.1 billion, which was the widest gap so far this year. The narrowing imbalance resulted from a 3.9 percent decline in imports to $39.1 billion and a 1.9 percent increase in exports to $31.1 billion. The deficit is the difference between the two. WASHINGTON PepsiCo 5- 8- 5- PacEnt PacGE PacTel Pacifcp PanAm Penney 1- GTE IdealB INOO IBM V4 46 36V4 26 30 17 Contel s Halbtn HeclaM HewlPk Olin OutbdM 5-l 6- Comsat ConEds Grace Greyh Nortrp Nrwst s Nynex OcciPet 17 Chryslr Goodyr NflkSo 13 Chevrn Gdrich Navistr Vi 3- 5- 7- Gillete NtSemi V4 BritPt Bmwk GaPac M 9 6- GnMiUs GMotr s GM E MMM Mobil Monsan MonPw NCR Nil 1- FrptMc McDnl s McDnD McKes V4 V( 9- FordM V4 24 45Y 51 Atlas s FIntste MartM V, 105 59 IO6V4 43 47V4 37 AT&T Amoco s Anheus Armco AtlRich Exxon FMC MDU ft 68' Amrtch s AIntGr Dresr duPont EKodak Eaton LnStar LaPac D 30-d60-d- fwd fwd 57V fwd Canada 33 30-d- 90-d- fwd .0015 .7797 .0771 .0260 .1626 1.5762 1.5679 1.5590 1.5513 .8543 .8516 .0015 .7845 .0772 .0259 .1653 1.5790 1.5705 1.5624 1.5534 .8532 .8505 Foreign Ex- million mini Dollar in fgn. currency Thu. Wed. 655.00 1.2825 12.97 38.48 6.1500 .6344 .6378 .6414 .6446 1.1706 1.1743 655.00 1.2747 12.96 4). PORTLAND .6333 .6367 .6400 .6437 1.1720 1.1748 $9 billion. Imports had jumped a revised 5 percent to a record $40.7 billion in August, while exports increased a revised 0.3 percent to $30.6 billion. Allen Sinai, chief economist for the Boston Co., had said the drop in imports in the September report would be the consequence of a slowing economy due to the Federal Reserve's tight rein on credit as it strives to contain inflation. At the same time, chief economist Robert G. Dederick of the Northern Trust Co. of Chicago had Stock market drifts lower NEW YORK (AP) The stock in an response to news of U.S. trade unenthusiastic a deficit. The Dow Jones average of 30 industrials dropped 9.22 to 2,623.36 by noontime on Wall Street. Losers outnumbered gainers by about 7 to 5 in nationwide trading of New York Stock Exchange-liste- d issues, with 531 up, 776 down and 522 unchanged. The business day began with a report from the Commerce Department that the nation's trade deficit contracted to $7.94 billion in Sep- tember from value of the dollar, which makes U.S. products abroad more expensive. For the first nine months of the year, exports increased 1.9 percent while imports decreased 3.9 percent. The deficit for the year on an annual basis was $107.2 billion, compared with a $118.5 billion imbalance for all of 1988. Exports were led in September by a 72.8 percent improvement in aircraft exports. That, in turn, represented 82 percent of the improvement in the overall deficit. Purchase eyeglasses or contacts and receive a holiday market drifted lower today smaller-than-expect- said the relatively stable exports would be the result of firm overseas markets despite the rising XI j gift! billion the $10.10 month before. The margin by which imports exceeded exports was the smallest in nearly five years, and well below most advance estimates. The news helped the dollar post gains against leading foreign currencies. But the response in the domestic bond market was less enthusiastic. observers said And stock-markthe decline in imports that showed up in the trade data could be interpreted as evidence of weakening consumer spending, at a time when many investors are worried about the outlook for corporate profits. Dun & Bradstreet led the active list, down 2 at 41ss on top of a drop Wednesday, when the company said it expects to post lower earnings in 1990 as it rebusiness. vamps its credit-servicLosers among the blue chips included International Business Maat 96V4; General chines, down 1 Motors, down Vz at 42; Procter & at 128, and Gamble, down Eastman Kodak, down Vz at 421e. et Purchase eyeglasses with scratch resistant lenses or contact lenses at regular price in our Optical department ($125 minimum purchase and receive a $50 Gift Certificate which can be used by you for any other optical purchase or given as a gift to a friend or family member Coupon expires December 31, 1989. Not valid on eye examinations or with any other optical offer an appointment: Mall, call For University es - White wheat 4.58 (up 2); barley 111.00 a ton (steady); 14 percent spring 4.56 (up 5); 11 percent winter 4.68 (up 1). CALDWELL White wheat 6.78 cwt (down 2); barley no quote; L.A. barley 38.60 6.0480 The September deficit was the narrowest since a $6.8 billion imbalance in December 1984. Preliminary estimates had put the September imbalance at about no quote. Idaho Range and Feedlot Report: lbs 73.50; slaughter steers 850-12- slaughter heifers no quote; feeder steers 60M250 lbs 84.00. CAMEO ROOM TWO-DA- Y FAIL. FUK EVENT UK Samson ite Table Sale J' X 1 A9.99 Banquet table Reg. $75 Perfect for holiday entertaining, this folding table measures 30x 60". Elegant under tablecloth, this sturdy table also serves for sewing, crafts and more. Five-piec- e Rg. $120 folding table set This Samsonite table wiih matching chairs is for family games and ' ,'ffl " perfect In cobalt blue, tanglewood. chestnut, and cordovan. Stationery Friday and Saturday at our University Mall store. Don't miss this special collection chosen just for this event, at the area's guaranteed mirks, fox jackets and other lowest prices. Select your fur from a variety of the ultimate in quality and beauty Ko matter what you desire ir. the way chances are you'll find the one to fit your taste, budget and lifestyle. fine furs, each of a fur, And as for financing, we offer several credit plans, including If your items in any one department total $100 dollars or more, you may spread your payments over three months interest free1 Shop special hours: Monday through Saturday Ask us for Shop this Friday and Saturday Each Cameo Room a Fur Salon is a in our Cameo Room Fur Solon at University Mall fur center, offering BY PHONE: WITH YOUR ZCMI CHARGE ACCOUNT SAU LAKE, 321-666- UTAH year-roun- repair, restyling, relinlng monogrammmg and cleaning services. details. 10-- 9 Shop Friday and Saturday ORDER Pay Plan, plus layaway, and accept most major credit cards. interest-fre- ANDTHE UNITED STATES, 10-- 9 appraisal, 227-312- 6 |